Management 5

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Management 5
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Management 5
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  1. 1. __________ refers to the process of growing interdependence among resource supplies, product markets, and business competition on a worldwide basis.
    A. The multinational economy
    B. Globalisation
    C. Global management
    D. Transnational interdependence
    E. International management
    B. Globalisation
    (this multiple choice question has been scrambled)
  2. 2. Which of the following does NOT describe the characteristics of global managers?
    A. Being informed about international developments
    B. Focusing on domestic market demands
    C. Being competent in working with persons from different cultures
    D. Being aware of regional developments in a changing world
    E. Being transnational in outlook
    B. Focusing on domestic market demands
    (this multiple choice question has been scrambled)
  3. 3. Which of the following accurately describes member countries of the forum for Asian-Pacific Economic Cooperation (APEC)?
    A. The member countries represent three quarters of the global marketplace.
    B. The member countries provide both high cost labour and a growing pool of highly skilled brainpower.
    C. The member countries represent one third of the world's top market for cars and telecommunications equipment.
    d. All of the above.
    e. None of the above.
    C. The member countries represent one third of the world's top market for cars and telecommunications equipment.
    (this multiple choice question has been scrambled)
  4. 4. The Asia-Pacific Economic Cooperation (APEC) provides for Asia-Pacific economies to strengthen regional links and
    A. pursue common trade and economic goals
    B. contribute to Australia's security
    C. deepen economic relationships with China
    d. All of the above
    e. None of the above
    A. pursue common trade and economic goals
    (this multiple choice question has been scrambled)
  5. 5. The Organisation for Economic Cooperation and Development (OECD) facilitates a developed-country forum in which Australia and New Zealand can meet with _______ to discuss economic, trade and social policy concerns.
    A. North America and Britain
    B. Japan, North America and Western Europe
    C. Canada, US and Mexico
    D. Pacific Rim countries
    E. Japan, Indonesia and China
    B. Japan, North America and Western Europe
    (this multiple choice question has been scrambled)
  6. 6. Australia's strengthening cooperation with Asia contributes to
    a. Australia's security
    b. promotion of international interests
    c. increased trade collaboration
    d. All of the above
    e. None of the above
    d. All of the above
  7. 7. Which of the following statements about the relationship between Australia and New Zealand is true?
    A. The relationship between the two countries remains strong, and is evident from the progress on the progress on the continuing Trans-Tasman trade and economic agenda.
    B. The relationship between Australia and New Zealand is weakening economically.
    C. The gap between Australia and New Zealand's business law regimes is widening.
    D. There is an increase in compliance costs for companies operating in both countries.
    E. The Trans-Tasman Mutual Recognition Arrangement was disbanded in 2002.
    A. The relationship between the two countries remains strong, and is evident from the progress on the progress on the continuing Trans-Tasman trade and economic agenda.
    (this multiple choice question has been scrambled)
  8. 8. Which of the following are competitive implications for the European Union?
    A. Unfavourable trade and customs laws
    B. Each EU country has access to a market slightly smaller than the United States.
    C. Free flow of workers, goods and services, and investments across national boundaries
    d. All of the above
    e. None of the above
    C. Free flow of workers, goods and services, and investments across national boundaries
    (this multiple choice question has been scrambled)
  9. 9. The European Union is composed of 27 Western European countries that have
    A. agreed to promote mutual economic growth by removing trade barriers.
    B. signed a mutual defence treaty.
    C. decided to promote cultural exchanges.
    D. created an international organisation to represent the rights and interests of workers.
    E. formed a political alliance to overthrow communism.
    A. agreed to promote mutual economic growth by removing trade barriers.
    (this multiple choice question has been scrambled)
  10. 10. The __________ is/are comprised of 27 countries linked together through favourable trade and customs laws to facilitate the free flow of workers, products and investments across national boundaries.
    A. European countries
    B. European foreign countries
    C. European Union
    D. European free trade organisations
    E. European International Association
    C. European Union
    (this multiple choice question has been scrambled)
  11. 11. Important business and economic agreements among the EU countries include all the following EXCEPT
    A. discouraging a common currency among members.
    B. unifying financial regulations.
    C. eliminating frontier controls and trade barriers.
    D. creating uniform minimum technical product standards.
    E. opening government procurement to businesses from all member countries.
    A. discouraging a common currency among members.
    (this multiple choice question has been scrambled)
  12. 12. The __________ is the new common currency of the European Union.
    A. Zloty
    B. EU Franc-Mark
    C. Gold Standard
    D. International Dollar
    E. Euro
    E. Euro
    (this multiple choice question has been scrambled)
  13. 13. Which of the following is NOT an expected benefit of a common European currency?
    A. A common currency will help create steady growth.
    B. A common currency will eliminate economic risks.
    C. A common currency will contribute to higher productivity.
    D. A common currency will produce lower inflation rates.
    E. A common currency will have political risks.
    B. A common currency will eliminate economic risks.
    (this multiple choice question has been scrambled)
  14. 14. Countries that have joined together to form the North American Free Trade Agreement (NAFTA) include
    A. Mexico and the United States
    B. Canada, the United States and Mexico
    C. Canada and the United States
    D. Canada and Mexico
    E. Canada, Cuba and Mexico
    B. Canada, the United States and Mexico
    (this multiple choice question has been scrambled)
  15. 15. One of the controversies associated with NAFTA is the operation of manufacturing plants that are allowed to import materials, components and equipment duty free. These firms are called
    A. Maquiladoras.
    B. Canamericos.
    C. free trade organisations.
    D. government agencies.
    E. privileged.
    A. Maquiladoras.
    (this multiple choice question has been scrambled)
  16. 16. The North American Free Trade Agreement has created a market of potential consumers larger than its rival, the
    A. North American and European Association.
    B. European Union.
    C. European Foreign Countries.
    D. European International Association.
    E. European Free Trade Organisation.
    B. European Union.
    (this multiple choice question has been scrambled)
  17. 17. Which one of the following statements does NOT accurately describe the concerns of the countries that negotiated the North American Free Trade Agreement?
    A. Canadians worried about a vast influx of Mexican immigrants into Canada, thereby providing a cheap source of labour.
    B. Americans complained that Mexican businesses had lower social standards regarding the use of child labour and protection of the environment.
    C. Mexico feared a further intrusion of US culture and values into Mexico.
    D. Canadian firms worried about domination by United States manufacturers.
    E. American politicians were concerned about the potential loss of jobs to Mexico.
    A. Canadians worried about a vast influx of Mexican immigrants into Canada, thereby providing a cheap source of labour.
    (this multiple choice question has been scrambled)
  18. 18. Trade between the Canada, Mexico and United States is characterised by
    A. limited flow of goods and services, workers and investments.
    B. formulation of foreign economic controls.
    C. restricted flow of goods and services, workers and investments.
    D. development of competitive banking barriers.
    E. free flow of goods and services, workers and investments.
    E. free flow of goods and services, workers and investments.
    (this multiple choice question has been scrambled)
  19. 19. Along with the EU, __________ is among Australia and New Zealand's largest trading partners and sources of foreign investment.
    A. USA
    B. Canada
    C. Mexico
    d. All of the above.
    e. None of the above.
    A. USA
    (this multiple choice question has been scrambled)
  20. 20. Australia and New Zealand's interest in high quality US engagement in the Asia-Pacific region continues, especially the importance of good US relations with
    a. Japan.
    b. China.
    c. Indonesia and the Republic of Korea.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  21. 21. Examples of successful collaborations between Australia/NZ and Latin America include
    a. a tariff exemption for wool
    b. access for cereals and meat
    c. supply of coal to Mexico's power industry
    d. All of the above
    e. None of the above
    d. All of the above
  22. 22. Two Harvard University professors' analysis of the foreign investment environment in Africa concluded that
    a. Africa's contextual problems are manageable
    b. Africa's contextual problems should be viewed as opportunities
    c. Africa presents a promising market if a company has the necessary managerial and organisational capabilities to deal with Africa's unique business challenges
    d. All of the above
    e. None of the above
    d. All of the above
  23. 23. __________ is a region of ethnic turmoil and civil strife in countries struggling along the road to peace and economic development while simultaneously being a region rich with international business opportunities.
    A. Africa
    B. Northern Europe
    C. North America
    D. Australia and New Zealand
    E. Western Europe
    A. Africa
    (this multiple choice question has been scrambled)
  24. 24. Africa is a continent with a growing economy that beckons international business because of its
    A. ethnic turmoil
    B. natural resources
    C. unstable economic development
    d. All of the above.
    e. None of the above.
    B. natural resources
    (this multiple choice question has been scrambled)
  25. 25. __________ tends to discourage international business in parts of Africa.
    a. A low economic growth rate in sub-Saharan Africa
    b. Poverty
    c. A continuing AIDS epidemic
    d. All of the above
    e. None of the above
    d. All of the above
  26. 26. __________ links 14 countries of southern Africa in trade and economic development efforts.
    A. South Africa Union (SAU)
    B. South African Development Community (SADC)
    C. South African Community (SAC)
    D. South African Free Trade Association (SAFTA)
    E. South Africa Economic Cooperative (SAEC)
    B. South African Development Community (SADC)
    (this multiple choice question has been scrambled)
  27. 27. Businesses expand their operations to the international market for many reasons. Which of these is NOT a reason offered by your text?
    A. To have access to lower labour costs
    B. To increase access to needed raw materials
    C. To expand profit potential
    D. To draw on the financial resources of many nations
    E. To take advantage of decreased governmental control in host countries
    E. To take advantage of decreased governmental control in host countries
    (this multiple choice question has been scrambled)
  28. 28. Conducting for-profit transactions of goods and services across national boundaries is the foundation of
    A. multinational management
    B. cross-cultural intrapreneurship
    C. cross-national management
    D. transborder entrepreneurship
    E. international business
    E. international business
    (this multiple choice question has been scrambled)
  29. 29. The reasons for engaging in international business include all of the following EXCEPT
    A. seeking new markets to sell products.
    B. seeking to eliminate ethical concerns.
    C. seeking profit potential.
    D. seeking access to lower labour costs.
    E. seeking access to financial resources.
    B. seeking to eliminate ethical concerns.
    (this multiple choice question has been scrambled)
  30. 30. A free-market economy is one that
    A. operates under capitalism and laws of supply and demand.
    B. disperses national resources equally among the citizens of a nation.
    C. allows the government to make all the major decisions.
    D. allows the government to determine allocations of raw materials.
    E. disperses national resources equitably among the corporations in the nation.
    A. operates under capitalism and laws of supply and demand.
    (this multiple choice question has been scrambled)
  31. 31. When the government makes decisions that determine allocations of raw materials, set product output quotas, and regulate wages and prices, the nation is operating under
    A. poor government conditions.
    B. a domestic economy.
    C. a central-planning economy.
    D. a free-market economy.
    E. conditions of free government control.
    C. a central-planning economy.
    (this multiple choice question has been scrambled)
  32. 32. Controversies emerge over rising prices, unemployment, business competition and the challenges of privatisation as
    A. as central-planning economies change to free-market economies
    B. a free-market economies change to central-planning economies
    C. global markets dominate transnational businesses
    D. globalisation increases competitive pressures on businesses of all sizes
    E. as manufacturing-based economies change to knowledge-based economies
    A. as central-planning economies change to free-market economies
    (this multiple choice question has been scrambled)
  33. 33. The collapse of communism in the former Soviet Union and the nations dominated by it
    a. will present risks to foreign investors because of changes in political systems and governments
    b. will provide opportunities to foreign investors in Russia, and eastern and central Europe
    c. have produced an atmosphere of social progress and economic growth, thereby creating opportunities for western businesses
    d. All of the above
    e. None of the above
    d. All of the above
  34. 34. __________ is the selling of state-owned enterprises into private ownership.
    A. Governmental subsidy
    B. Foreign investment
    C. Privatisation
    D. Corporate welfare
    E. Governmental auction
    C. Privatisation
    (this multiple choice question has been scrambled)
  35. 35. Political calls for tariffs and favourable treatment to help shelter domestic businesses from foreign competition is known as
    A. protectionism.
    B. free trade.
    C. maquiladora.
    D. restrictive trade.
    E. strategic economic bidding.
    A. protectionism.
    (this multiple choice question has been scrambled)
  36. 36. Common legal problems in international business involve all of the following EXCEPT
    A. incorporation practices and business ownership.
    B. protecting patents, trademarks, and copyrights.
    C. negotiating and implementing contracts with foreign parties.
    D. environmental pollution restrictions.
    E. handling foreign exchange restrictions.
    D. environmental pollution restrictions.
    (this multiple choice question has been scrambled)
  37. 37. Foreign companies operating in the Asia-Pacific
    a. may encounter quite different laws than they are accustomed to in their home countries.
    b. must deal with antitrust issues that prevent competitors from regularly communicating with one another.
    c. must deal with special laws regarding occupational safety and health, equal employment opportunity and sexual harassment.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  38. 38. Because educational systems vary from country to country, business leaders around the world are concerned about
    a. actual or potential human resource deficits.
    b. problems of illiteracy.
    c. the absence of appropriate skills in the workforce.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  39. 39. Which of the following does NOT accurately characterise the conduct of international business?
    A. Global sourcing, exporting/importing and licensing/franchising are market entry strategies for conducting international business.
    B. Direct investment strategies require major capital commitments but create rights of ownership and control over foreign operations.
    C. Joint ventures and wholly owned subsidiaries are direct investment strategies for conducting international business.
    D. Market entry strategies involve the sale of goods or services to foreign markets but do not require major capital investments.
    E. When a business is just getting started internationally, direct investment strategies are the usual way to begin.
    E. When a business is just getting started internationally, direct investment strategies are the usual way to begin.
    (this multiple choice question has been scrambled)
  40. 40. ____________ provides a business with the opportunity to take advantage of international wage gaps and the availability of skilled labour by dispersing more and more work to foreign locations.
    A. Exporting
    B. Licensing
    C. Direct investment
    D. Importing
    E. Global sourcing
    E. Global sourcing
    (this multiple choice question has been scrambled)
  41. 41. The exporting of products involves
    A. contracting to provide managerial and technical service to a foreign concern.
    B. acquiring foreign-made products and selling them in domestic markets.
    C. making direct investments in start-up operations abroad.
    D. selling locally made products in foreign markets.
    E. making investments in a foreign operation.
    D. selling locally made products in foreign markets.
    (this multiple choice question has been scrambled)
  42. 42. The importing of products involves
    A. making investments in a foreign operation.
    B. making direct investments in start-up operations abroad.
    C. selling locally made products in foreign markets.
    D. acquiring foreign-made products and selling them in domestic markets.
    E. contracting to provide managerial and technical service to a foreign concern.
    D. acquiring foreign-made products and selling them in domestic markets.
    (this multiple choice question has been scrambled)
  43. 43. __________ is a form of international business through which a company pays a fee for the rights to manufacture or sell another firm's products.
    A. A joint venture
    B. An incorporated business
    C. A multi-company operation
    D. A licensing agreement
    E. A management contract
    D. A licensing agreement
    (this multiple choice question has been scrambled)
  44. 44. A __________ is an international business approach that typically grants access to unique manufacturing technology, a special patent, or trademark rights.
    A. franchise.
    B. joint venture.
    C. management contract.
    D. wholly-owned subsidiary.
    E. licensing agreement.
    E. licensing agreement.
    (this multiple choice question has been scrambled)
  45. 45. A form of licensing in which the licensee buys the complete support package needed to open the business is a
    A. franchise
    B. joint venture
    C. wholly-owned subsidiary
    D. licensing agreement
    E. management contract
    A. franchise
    (this multiple choice question has been scrambled)
  46. 46. Joint ventures are __________ that help participants to gain things through cooperation that otherwise would be difficult to achieve independently.
    A. foreign partnering contracts
    B. licensing agreements
    C. import/export arrangements
    D. strategic alliances
    E. management contracts
    D. strategic alliances
    (this multiple choice question has been scrambled)
  47. 47. A checklist for selecting joint venture partners in a foreign country should include which of the following?
    a. Choose a foreign partner with activities that relate closely to your firm's major business.
    b. Choose a foreign partner with a strong local workforce.
    c. Choose a foreign partner with good profit potential and sound financial standing.
    d. All of the above
    e. None of the above
    d. All of the above
  48. 48. In selecting joint venture partners in a foreign country, a company should do all of the following EXCEPT
    A. choose a partner with good profit potential.
    B. choose a partner with shared interests in meeting customer needs.
    C. choose a partner that is a new entrant to your firm's line of business.
    D. choose a partner with future expansion possibilities.
    E. choose a partner with a strong local market for its own products.
    C. choose a partner that is a new entrant to your firm's line of business.
    (this multiple choice question has been scrambled)
  49. 49. Which of the following forms of international business transactions represent investments in a local operation that is completely owned and controlled by a foreign firm?
    A. Joint ventures
    B. Wholly owned subsidiaries
    C. Management contracts
    D. A multinational corporation
    E. Licensing agreements
    B. Wholly owned subsidiaries
    (this multiple choice question has been scrambled)
  50. 50. The best definition of a multinational corporation is
    A. any import/export firm.
    B. any joint venture with a foreign firm.
    C. a business firm that has extensive operations in one foreign country.
    D. any firm that does business abroad.
    E. a business that has extensive international operations in more than one foreign country.
    E. a business that has extensive international operations in more than one foreign country.
    (this multiple choice question has been scrambled)
  51. 51. Which of the following are mutual benefits for a multinational corporation and a host country?
    a. Growth
    b. Income
    c. Learning
    d. All of the above
    e. None of the above
    d. All of the above
  52. 52. A company that operates worldwide without being identified with one national home is known as a ___________.
    A. international corporation
    B. transnational corporation
    C. supernational corporation
    D. antidomestic corporation
    E. multinational corporation
    B. transnational corporation
    (this multiple choice question has been scrambled)
  53. 53. All of the following are benefits to the host country of a multinational corporation EXCEPT
    A. increased employment opportunities.
    B. capital development.
    C. development of local resources.
    D. technology transfer.
    E. reduced tax base.
    E. reduced tax base.
    (this multiple choice question has been scrambled)
  54. 54. Multinational corporations have several complaints about host countries. Which of the following is NOT one of these complaints?
    A. Foreign exchange restrictions
    B. Failure to uphold contracts
    C. Pressure to buy raw materials at inflated prices
    D. Pressure to pay high prices for services
    E. Pressure to keep local wage rates low
    E. Pressure to keep local wage rates low
    (this multiple choice question has been scrambled)
  55. 55. Multinational corporations are often criticised at home for
    a. diverting labour-intensive jobs from the domestic labour force to foreign labour markets.
    b. diverting capital investments away from the domestic market.
    c. allowing or encouraging corrupt practices in their foreign subsidiaries.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  56. 56. Which of the following statements about corruption is NOT true?
    A. Critics believe that anti-corruption policies fail to recognise the reality of business in foreign nations.
    B. Corruption involves illegal practices to further one's business practices.
    C. The Council of Europe and the EU have finalised comprehensive anti-corruption policies.
    D. Companies adhering to anti-corruption policies are at a competitive advantage.
    E. Commonwealth heads of government have a policy of 'zero tolerance' of corruption
    D. Companies adhering to anti-corruption policies are at a competitive advantage.
    (this multiple choice question has been scrambled)
  57. 57. The extent of global environmental protection is affected by all of the following concerns and practices EXCEPT
    A. the world's citizenry increasingly expects global corporations to respect the natural environment and to pursue safe industrial practices.
    B. the world's citizenry is worried about the possibilities of global environmental disasters.
    C. only the highly industrialised nations are worried about industrial pollution of cities, hazardous waste disposal, and depletion of natural resources.
    D. activist groups are promoting sustainable development to meet the needs of the present without compromising the ability of future generations to meet their own needs.
    E. ISO 14000 provides guidelines for responsible environmental policies.
    C. only the highly industrialised nations are worried about industrial pollution of cities, hazardous waste disposal, and depletion of natural resources.
    (this multiple choice question has been scrambled)
  58. 58. A shared set of beliefs, values and patterns of behaviour common to a group of people is referred to as
    A. the economic system.
    B. the legal system.
    C. group character.
    D. culture.
    E. national style.
    D. culture.
    (this multiple choice question has been scrambled)
  59. 59. __________ is the confusion and discomfort a person experiences when in an unfamiliar culture.
    A. Ethnocentrism
    B. Groupthink
    C. Polycentrism
    D. Jet lag
    E. Culture shock
    E. Culture shock
    (this multiple choice question has been scrambled)
  60. 60. Which sequence accurately describes the stages that a person goes through in adjusting to a new culture?
    A. The honeymoon, small victories, reality, confusion and irritation/anger
    B. Small victories, the honeymoon, reality, irritation/anger and confusion
    C. Confusion, irritation/anger, reality, small victories and the honeymoon
    D. Confusion, small victories, the honeymoon, irritation/anger and reality
    E. The honeymoon, confusion, irritation/anger, small victories and reality
    D. Confusion, small victories, the honeymoon, irritation/anger and reality
    (this multiple choice question has been scrambled)
  61. 61. __________ cultures are those in which much communication takes place through nonverbal and situational cues in addition to the written or spoken word.
    A. High-context
    B. Organisational
    C. Middle-context
    D. Low-context.
    E. Corporate
    A. High-context
    (this multiple choice question has been scrambled)
  62. 62. Which of the following statements provides an incorrect description of the role of interpersonal space in culture?
    A. Americans tend to value large and private office space.
    B. Australians and New Zealanders prefer close interpersonal space in interpersonal communications.
    C. Interpersonal space is a silent language of culture.
    D. In Japan, executive offices are likely to be shared even in major corporations.
    E. Arabs prefer closer interpersonal space in terms of communication.
    B. Australians and New Zealanders prefer close interpersonal space in interpersonal communications.
    (this multiple choice question has been scrambled)
  63. 63. In __________, people tend to do one thing at a time.
    A. monochronic cultures
    B. sensitive cultures
    C. polychronic cultures
    D. ethical cultures
    E. time dependent cultures
    A. monochronic cultures
    (this multiple choice question has been scrambled)
  64. 64. In __________, time is used to accomplish many things at once.
    A. monochronic cultures
    B. time dependent cultures
    C. ethical cultures
    D. sensitive cultures
    E. polychronic cultures
    E. polychronic cultures
    (this multiple choice question has been scrambled)
  65. 65. As a cultural variable, religion may
    a. affect business practices regarding dress, food and interpersonal behaviour.
    b. provide ethical and moral guidance for personal and institutional activities.
    c. require business people to be sensitive to the rituals, holy days, and other expectations associated with the host nation's religious tradition(s).
    d. All of the above.
    e. None of the above.
    d. All of the above.
  66. 66. Which of the following is a true statement about the role of contracts in different cultures?
    A. Cultures vary in their use of contracts and agreements.
    B. In low-context cultures, written contracts continue to emerge and are modified as the parties work together.
    C. Written contracts are viewed as a starting point in low-context cultures.
    D. Contracts tend to be viewed as binding agreements in high-context cultures.
    E. In China a contract is viewed as a final and binding agreement.
    A. Cultures vary in their use of contracts and agreements.
    (this multiple choice question has been scrambled)
  67. 67. Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures. Which of the following accurately identifies these five dimensions?
    A. Location, certainty avoidance, individualism-collectivism, masculinity-femininity and religious tradition
    B. Power distance, certainty avoidance, individualism-utilitarianism, masculinity-femininity and religious tradition
    C. Power distance, uncertainty avoidance, individualism-collectivism, masculinity-femininity and time orientation
    D. Political distance, uncertainty avoidance, utilitarianism-collectivism, masculinity-femininity and time orientation
    E. Power distance, uncertainty avoidance, individualism-collectivism, totalitarianism-decentralisation and economic opportunities
    C. Power distance, uncertainty avoidance, individualism-collectivism, masculinity-femininity and time orientation
    (this multiple choice question has been scrambled)
  68. 68. Which of the following examples represent Hofstede's individualism-collectivism dimension?
    A. Reliance on individual self-interest versus the collective values of the group
    B. Willingness to take risks versus concern with security in life
    C. All should have equal rights versus only the ones in control are entitled to privilege
    D. Interdependence versus independence
    E. Time is free versus time is money
    A. Reliance on individual self-interest versus the collective values of the group
    (this multiple choice question has been scrambled)
  69. 69. Which of the following examples represent Hofstede's masculinity-femininity dimension?
    A. Everyone should have equal rights versus only the ones in control entitled to privilege
    B. Reliance on group decisions versus reliance on individual decisions
    C. Time is free versus time is money.
    D. Willingness to take risks versus concern with security in life
    E. Assertiveness versus concerns for feelings
    E. Assertiveness versus concerns for feelings
    (this multiple choice question has been scrambled)
  70. 70. Which of the following examples represent Hofstede's power distance dimension?
    A. Time is free versus time is money.
    B. Everybody should have equal rights versus the ones who are in control are entitled to privilege.
    C. Reliance on group decisions versus reliance on individual decisions.
    D. Willingness to take risks versus concern with security in life.
    E. Interdependence versus independence.
    B. Everybody should have equal rights versus the ones who are in control are entitled to privilege.
    (this multiple choice question has been scrambled)
  71. 71. Hofstede's cultural framework helps identify useful managerial implications of cultural differences, including all of the following EXCEPT
    A. in highly individualistic societies, workers are likely to emphasise self-interests over group loyalty.
    B. in long-term cultures, business strategies are oriented toward the long term.
    C. in high uncertainty avoidance cultures, employment practices that increase job security are likely to be used.
    D. in more feminine societies, the workplace displays more rigid gender stereotypes.
    E. workers from high power distance cultures can be expected to respect people in authority.
    D. in more feminine societies, the workplace displays more rigid gender stereotypes.
    (this multiple choice question has been scrambled)
  72. 72. Fons Trompenaars' framework for identifying systematic cultural differences focuses on
    a. the way relationships are handled among people.
    b. attitudes toward time.
    c. attitudes toward the environment.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  73. 73. According to Fons Trompenaars, __________ is the degree to which a culture emphasises individual freedoms and responsibilities in relationships or focuses more on group interests and openness.
    A. specific versus diffuse
    B. universalism versus particularism
    C. achievement versus prescription
    D. neutral versus affective
    E. individualism versus collectivism
    E. individualism versus collectivism
    (this multiple choice question has been scrambled)
  74. 74. According to Fons Trompenaars, __________ is the degree to which a culture emphasises objectivity and reserved detachment in relationships or allows for more emotionality and expressed feelings.
    A. achievement versus prescription
    B. specific versus diffuse
    C. neutral versus affective
    D. individualism versus collectivism
    E. universalism versus particularism
    C. neutral versus affective
    (this multiple choice question has been scrambled)
  75. 75. According to Fons Trompenaars, __________ is the degree to which a culture emphasises focused and in-depth relationships or broader and more superficial ones.
    A. achievement versus prescription.
    B. specific versus diffuse.
    C. neutral versus affective.
    D. individualism versus collectivism.
    E. universalism versus particularism.
    B. specific versus diffuse.
    (this multiple choice question has been scrambled)
  76. 76. According to Fons Trompenaars, __________ is the degree to which a culture emphasises rules and consistency in relationships or accepts flexibility and the bending of rules to fit circumstances.
    A. universalism versus particularism
    B. specific versus diffuse
    C. achievement versus prescription
    D. individualism versus collectivism
    E. neutral versus affective
    A. universalism versus particularism
    (this multiple choice question has been scrambled)
  77. 77. The __________ refers to a culture that views time as a continuous and passing series of events.
    A. appreciation for time view
    B. polychronic view
    C. synchronic view
    D. time conscience view
    E. sequential view
    E. sequential view
    (this multiple choice question has been scrambled)
  78. 78. The __________ refers to a culture that views time as linear with an interrelated past, present and future.
    A. Time conscience view
    B. Analytical view of time
    C. Synchronic view
    D. Polychronic view
    E. Sequential view
    C. Synchronic view
    (this multiple choice question has been scrambled)
  79. 79. Trompenaars recognises that cultures vary in their approach to the environment. In a(n) __________ culture, people tend to view themselves as separate from nature.
    A. self-motivating
    B. outer-directed
    C. inner-directed
    D. distrusting
    E. self-directed
    C. inner-directed
    (this multiple choice question has been scrambled)
  80. 80. Fons Trompenaars' cultural framework suggests that in a(n) __________ culture, people tend to view themselves as part of nature.
    A. inner-directed
    B. environmentally friendly
    C. outer-directed
    D. naturalist
    E. humanist
    C. outer-directed
    (this multiple choice question has been scrambled)
  81. 81. The global manager is a person who is
    a. comfortable with cultural diversity.
    b. quick to find opportunities in unfamiliar settings.
    c. able to utilise economic, social, technological, and other forces for the benefit of the organisation.
    d. All of the above.
    e. None of the above.
    d. All of the above.
  82. 82. __________ is the study of how management practices systematically differ among countries and/or cultures.
    A. International management
    B. Political-risk analysis
    C. International business
    D. Theory Z
    E. Comparative management
    E. Comparative management
    (this multiple choice question has been scrambled)
  83. 83. Which one of the following is NOT true regarding planning and controlling of global operations?
    A. Increasingly, technology facilitates the planning and control of global communications through vastly improved communications systems.
    B. Political risk analysis is used to forecast the probability that events - like social instabilities dues to ethnic differences, armed conflicts, and new laws and economic policies -- will threaten the security of a foreign investment.
    C. Global planning and controlling are not especially challenging or difficult because of the availability of computer-based global networks.
    D. The home office must be linked with foreign affiliates while considering different environments, cultures and needs.
    E. Businesses with investments in foreign countries must remain cautious about the risk of doing business across political and economic borders.
    C. Global planning and controlling are not especially challenging or difficult because of the availability of computer-based global networks.
    (this multiple choice question has been scrambled)
  84. 84. __________ is the potential loss of one's investment in or managerial control of a foreign asset due to changes in the host country's political environment.
    A. Political risk
    B. Economic instability
    C. Sociocultural risk
    D. Political instability
    E. Corporate malfeasance
    A. Political risk
    (this multiple choice question has been scrambled)
  85. 85. Forecasting the probability of events that may threaten the security of a foreign investment is referred to as __________ analysis.
    A. security
    B. investment-risk
    C. political-risk
    D. economic-security
    E. foreign-instability
    C. political-risk
    (this multiple choice question has been scrambled)
  86. 86. __________ refers to potential loss due to fluctuating exchange rates.
    A. Currency risk
    B. Economic risk
    C. Social risk
    D. Political risk
    E. Business risk
    A. Currency risk
    (this multiple choice question has been scrambled)
  87. 87. The personal attributes that are considered important for employees accepting overseas assignments include all of the following EXCEPT
    A. family flexibility and support.
    B. a real desire to live and work abroad.
    C. a high degree of general cultural awareness.
    D. a strong sense of personal ethics.
    E. technical competence in one's job
    D. a strong sense of personal ethics.
    (this multiple choice question has been scrambled)
  88. 88. One of the concerns of multinational corporations is whether accepted US and Western European management practices and theories are appropriate for use as models abroad. Hofstede's research in this area indicates that these theories
    A. are still ethnocentric.
    B. are only valid within the country they were created in.
    C. work best within English-speaking countries.
    D. are universally applicable since they are good theories.
    E. work best within multinational corporations.
    E. work best within multinational corporations.
    (this multiple choice question has been scrambled)
  89. 89. The text discusses characteristics of the Japanese approach to management. Which of the following is NOT one of these characteristics?
    A. Japanese firms emphasise quality.
    B. Japanese managers experience gradual career advancement.
    C. Japanese practice emphasises job enrichment, focusing on restructuring individual jobs to suit individual needs.
    D. Japanese managers like to make group decisions.
    E. Japanese workers intend to work for an organisation their entire career.
    C. Japanese practice emphasises job enrichment, focusing on restructuring individual jobs to suit individual needs.
    (this multiple choice question has been scrambled)
  90. 90. In Japan, __________ are long-term industry alliances or business groups that link together various businesses -- manufacturers, suppliers and finance companies -- to attain common interests.
    A. Yokohama
    B. jujitsu
    C. sushi
    D. keiretsu
    E. kanban
    D. keiretsu
    (this multiple choice question has been scrambled)
  91. 91. Companies that believe in __________, realise that businesses around the world have much to share with and learn from on another.
    A. expatriate knowledge sharing
    B. international trade
    C. cross-cultural management of intellectual property
    D. global organisational learning
    E. transnational knowledge positioning
    D. global organisational learning
    (this multiple choice question has been scrambled)
  92. 92. To promote global organisational learning, organisations and their members should
    a. share with and learn from one another, particularly from excellent companies, both at home and abroad.
    b. appreciate the constraints and opportunities of different national cultures and environments.
    c. be alert, open, inquiring, and cautious regarding the potential merits of management practices found in other countries and how they are affected by cultural variables.
    d. All of the above.
    e. None of the above.
    d. All of the above.

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